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FT forgets law of small numbers in tech collapse scenario

The number of UK technology firms suffering financial problems was up 371 per cent for the second quarter of 2008 compared to last year. But the findings are all relative, according to research analyst Martin Kelway from insolvency specialist Begbies Traynor. When the numbers are put in context, the results showed that the …

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Joke

Extra Extra, read all about it.....

newspaper misleads joe public.... more on this when we dig it up..

non-conclusive numbers becoming newspaper headlines. reminds me of that dilbert comic - http://www.dilbert.com/strips/comic/2008-05-08/

the real tragedy for IT businesses

... is that there is such a small number of them in the first place. Probably as many individuals use software as own a house, and every business needs both offices and software. It would be nice if all these people and companies made as much use of software firms as they do of builders.

Want an extension to Outlook, or a macro for Excel? "fFf........ffft!, well, that's a lot of work and of course you'll need to make it compatible with your ISP. Tell you what guv. call it £800 and I'll pop round to start on Monday" Well, maybe not.

Likesay, ken

Imagine going bust and having Begbie coming around to sort things oot.

"Hoots mon, ye dinna be needing yon pint poat och aye the noo, likesay ken"

Stop

Newspapers putting their own spin on things?

What? surely no newspaper would ever "flavour" the news to suit themselves.... Next you will be saying that some newspapers even attempt to "affect" the news with their reports...... Given the recent revelation that Robert Murat was named Arguido because he was "too helpful"

I suppose if they had a Damascus newspaper in biblical times, the headline would have read:

"Samaritan douses, kidnaps injured man as priest and levite witness horror."

Paris Hilton

Size also matters!

Thirty one man band IT companies with a "com.bank.overdraft class not found" exception, has less impact than a construction company sending the 250 builders home to make thier own tea.

Paris to cheer up the builders.

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